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The magazine was created by what was then the US Sci Fi Channel (now Syfy), and hosted at SCIFI.COM. The webzine starting publishing in May 2000. The principal editor was Ellen Datlow, who had previously edited two other online magazines: The online incarnation of OMNI, and Event Horizon.

In late 2005 the SciFi Channel announced that it would be shutting down the magazine.[1] This decision was evidently made[original research?] because the magazine was not a major revenue generator for the channel. SCIFI announced their intention to remove the Sci Fiction archived content as of June 2007, although some of it was still available over a year later.[2] It has since been removed completely.